Tax Evasion

Tax evasion is the illegal evasion of taxes by individuals, corporations, and trusts. Tax evasion often entails taxpayers deliberately misrepresenting the true state of their affairs to the tax authorities to reduce their tax liability, and it includes dishonest tax reporting, such as declaring less income, profits or gains than the amounts actually earned, or overstating deductions. Tax evasion is an activity commonly associated with the informal economy. One measure of the extent of tax evasion (the "tax gap") is the amount of unreported income, which is the difference between the amount of income that should be reported to the …

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27 May 2024 English

This report examines the annual fiscal impact of illegal aliens on at both the federal and state levels. FAIR used the most recent data available and accounted for new programs …

documents to work illegally, unlicensed driving, tax evasion, and/or unlawfully obtaining public benefits


IISD: International Institute for Sustainable Development · 23 May 2024 English

Like other assets of the comprehensive wealth portfolio, financial capital can be used to support a country's long-term prosperity. When foreign financial assets exceed liabilities, financial capital increases the stock …

Economic Co-operation and Development, 2014), tax evasion, money laundering, and corruption. They also


World Bank Group · 22 May 2024 English

This report provides an assessment of the current state of poverty and inequality in Lebanon. It documents the impact of a protracted economic crisis on households, that is well into …

the risk of money laundering, informality, and tax evasion (World Bank, 2024a). However, individuals who


UNU WIDER: United Nations University World Institute for Development Economics Research · 21 May 2024 English

WIDER Working Paper 2024/33-Extractive industries: transforming states and improving economic management

administrations and greater international cooperation on tax evasion is essential. Frequent and politically driven


World Bank Group · 21 May 2024 English

procedures and actions to detect and penalize tax evasion; (c) the development and promulgation of a taxpayers’


IMF: International Monetary Fund · 21 May 2024 English

The economy is recovering after consecutive climate-related shocks as well as social turmoil at the beginning of 2023. Inflation has receded due to the central bank’s decisive monetary policy tightening, …

focus on improving tax administration to reduce tax evasion and avoidance. They agreed that modernizing consolidation would be preferable. Plans to reduce tax evasion and avoidance should be reinforced with additional


World Bank Group · 20 May 2024 English

ownership, they also serve as valuable resources for tax authorities investigating cross-border tax evasion and avoidance. To illustrate this point, this note analyzes three country cases—Ecuador, Honduras

authorities interested in investigating cross-border tax evasion and avoidance. To demonstrate this, this report a risk factor for engaging in some form of tax evasion or avoidance, as many tax authorities in low- strengthen their capabilities to address cross-border tax evasion activities, to promote transparency, and to summarizes recent research on the magnitude of tax evasion using offshore structures and the impact of current types of policy tools can help tackle offshore tax evasion. The first are voluntary disclosure schemes or


WIL: World Inequality Lab · 20 May 2024 English

How do we use this Forbes data? We first fit a Pareto distribution to the billionaire list and then use the estimated tail parameter to estimate wealth for the top …

Nicolaides, P., and Zucman, G. (2024). “Global Tax Evasion Report 2024”. EU Tax Observatory. Alstadsæter


World Bank Group · 20 May 2024

ownership, they also serve as valuable resources for tax authorities investigating cross-border tax evasion and avoidance. To illustrate this point, this note analyzes three country cases—Ecuador, Honduras


World Bank Group · 20 May 2024 English

This report summarizes the findings of a series of World Bank Digital Development missions from November 2022 to July 2023 to Lebanon focused on priority use cases for digital ID …

individual and corporate taxpayers would reduce tax evasion, increase government revenues, and broaden the


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